The World Bank Board approved a $50 million credit to improve the quality and increase equitable access to Early Childhood Development (ECD) services in Sri Lanka. Early investment in human capital development is particularly effective at increasing the ability of disadvantaged children to access learning opportunities. It will also contribute to improve learning outcomes and support Sri Lanka to become more competitive in the global economy in the long run.
The Government of Sri Lanka (GoSL) is emphasizing the importance of human capital formation, including the role of ECD, in realizing the country’s long-term development goals. GoSL has recently established the State Ministry of Child Affairs to specifically promote the development and wellbeing of children in the 0-5 age group. It has also developed a draft National Plan for Early Childhood Care and Development (2015-2020), to guide interventions in the ECD sector, which will be supported with this credit line.
Early childhood is considered to be the period from conception to 5 years of age. Monitoring and managing the milestones for the 0-2 year olds are well-established in Sri Lanka, with the health sector playing a lead role in ensuring the holistic development of these children. Center-based ECD programs for children in the 3-5 age range are less developed. Sri Lanka has around 17,020 ECD centers staffed by 29,340 teachers. Around 84 percent of these centers are under non-state management.
“Sri Lanka needs to invest early, invest smartly and invest in all its people regardless of their socio-economic status if it is to meet its growth targets, end absolute poverty, and achieve shared prosperity” said Francoise Clottes World Bank Country Director for Sri Lanka and the Maldives. “Investing in Human Capital is crucial for the country to become competitive in the global economy, and this project aims at strengthening the foundation for Early Childhood Development in Sri Lanka”.